Consultation Paper on Proposed Change to Share Financing Requirement
This consultation seeks views on MAS’ proposal to increase the financing threshold from 80% to 90% of the subscription price or purchase price of shares for initial public offerings, employee share option schemes and rights issues.
This consultation seeks views on MAS’ proposal to (i) raise the overall limit from 300% to 500% in regulation 24(3)(a) of the SF(FMR) Regulations; and (ii) remove regulation 24(3)(b) of the SF(FMR) Regulations.